TDS ON PURCHASE OF PROPERTY (LAND)
This query is : Resolved
04 December 2024
My client has purchased One property for the total sum of Rs.1,50,00,000/- . There will be one sale deed executed by e five sellers of the property means share of each seller comes to Rs.30,00,000/- . Should I deduct TDS @ 1% and fill form 26QB against this transaction.
04 December 2024
Yes, one each for each seller's PAN.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- What is process for activation of bank account freeze due to non filling of return ?
- What is income from business controlled from India?
- TDS on Indian ADS dividend
- GST REFUND ON EXPORT EXPENSES OF EXEMPTED GOODS
- TDR receipts for agreement holder
- REGARDING CLAIMING OF ITC CREDIT IN NEXT FINANCIAL YEAR
- 54 f disallowance
- Company registration : Rental agreement or NOC?
- Container washing charges
- Sale of immovable property like flat
- GST practitioner exam and income tax practitioner exam
- GSTR9 LIABILITY
- GSTR9C Turnover 1
- ITC - in 3b
- MIS MATCH OF INVOICE NUMBER
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GST ASMT-10 time extension query
- In the case of individual books how to maintain books when partner in LLP/partnership firm
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
